来源：市场资讯 在费用方面，实现及服务费用较同期增加71.9%，从人民币626.0百万元升至人民币1,075.9百万元，加大 获客力度导致的获客成本增加以及贷款实现量增加带来的贷款催收费增加是主因。 销售及营销费用从人民币24.1百万元增加30.7%至人民币31.5百万元，品牌开支因业务领域扩展而增 加。一般及行政费用增长33.2%，从人民币162.2百万元增至人民币216.0百万元，对员工福利及专业服 务的策略性投入是背后原因。 研究及开发费用虽有增长，但幅度较小，从人民币57.0百万元增加2.6%至人民币58.5百万元，核心技术 能力及组织优化的战略投资起到推动作用。 （来源：金融虎网） 金融虎讯 8月26日消息，日前，维信金科控股有限公司发布截至2025年6月30日止六个月的中期业绩公 告。数据显示，维信金科中期总收入25亿元，同比增长43.8%；净利润2.16亿元，同比增长79.5%；每股 盈利0.44元；中期股息5港仙。 | | 截至6月30日止六個月 | | | | --- | --- | --- | --- | | | 2025年 | 2024年 | 變動 | | | 人民幣百萬元 人民幣百萬元 ...

Core Viewpoint - The financial performance of JiaYin Technology in Q1 2025 shows significant growth in loan facilitation and net profit, despite a decline in overall revenue due to the divestiture of its Nigerian entity. The company is focusing on expanding its operations in Indonesia and Mexico, with a notable increase in new user registrations and loan volumes in these markets [1][2][4]. Financial Performance - JiaYin Technology reported Q1 2025 revenue of 1.239 billion RMB (approximately 169 million USD), a decrease of 23.9% year-over-year, primarily due to the sale of its Nigerian entity [1]. - The company achieved a net profit of 540 million RMB, marking a year-over-year increase of 97.58% and a quarter-over-quarter increase of 95.86% [2][5]. - Loan facilitation reached 35.6 billion RMB, representing a year-over-year growth of 58.2% and a quarter-over-quarter increase of 28.52%, the highest among its peers [3][4]. Market Expansion - In Indonesia, new registered users increased by 196% year-over-year, and loan volume grew by 190%, indicating a strong market presence [2]. - In Mexico, business risk indicators have improved, although specific loan scale data was not disclosed [2]. Customer Acquisition and Marketing - The company invested heavily in marketing, with sales and marketing expenses reaching 675 million RMB, a year-over-year increase of 87.5% [10]. - JiaYin added 1.056 million new borrowers in Q1, a 126.6% increase year-over-year, with new borrowers contributing to 28.1% of total loan facilitation [10][11]. Future Outlook - JiaYin expects loan facilitation in Q2 2025 to reach between 37 billion to 39 billion RMB, with non-GAAP operating profit projected between 660 million to 730 million RMB [11]. - The company is actively exploring new growth areas and has established partnerships with 69 financial institutions, with 55 more in negotiation [12].

Market Overview - US stock index futures are all up, with Dow futures rising by 0.15%, S&P 500 futures by 0.17%, and Nasdaq futures by 0.14% [1] - European indices also show positive movement, with Germany's DAX up 0.59%, UK's FTSE 100 up 0.12%, France's CAC40 up 0.55%, and the Euro Stoxx 50 up 0.46% [2][3] - WTI crude oil increased by 0.06% to $63.45 per barrel, while Brent crude rose by 0.08% to $65.68 per barrel [3][4] Economic Context - The US economy demonstrates resilience against tariff impacts, with expectations of minimal volatility in the S&P 500 index following the upcoming non-farm payroll report [4] - The S&P 500 index has surged by 6.3% over the past month, marking its best May performance since 1990, and is close to its historical high [5] - Despite concerns over tariffs and rising federal deficits, the stock market remains strong, with a year-to-date increase of 1.74% and a rebound of 19.8% from the April low [5] Corporate Developments - Hewlett Packard Enterprise (HPE) reported Q2 revenue of $7.63 billion, exceeding analyst expectations, and adjusted its annual earnings guidance upward to $1.78-$1.90 per share [10] - Jia Yin Technology (JFIN) achieved Q1 revenue of approximately $1.78 billion, a year-on-year increase of 20.4%, and announced a dividend policy update [11] - Dollar Tree (DLTR) reported Q1 revenue growth of 5.4% to $4.6 billion but warned of a 50% drop in adjusted EPS for Q2 due to tariff pressures [12] - CrowdStrike (CRWD) faced a significant stock drop after Q2 revenue guidance fell short of market expectations, despite a strong Q1 performance [13] - Nvidia (NVDA) reclaimed the title of the world's most valuable company with a market cap of $3.446 trillion, driven by the AI boom [14] - Tesla (TSLA) reported a 15% year-on-year decline in May wholesale sales in China, marking the eighth consecutive month of sales drop [14] Regulatory and Policy Changes - President Trump signed an order increasing tariffs on imported steel and aluminum from 25% to 50%, effective June 4 [6] - The UK received a five-week window to negotiate a steel agreement with the US, avoiding immediate tariff increases [7] - The US Treasury is considering expanding bond buybacks as a form of quantitative easing in response to rising bond yields [7]